Inspection and Audit Rights definition

Inspection and Audit Rights. Each bidding document and contract financed out the proceeds of the Financing shall provide that bidders, suppliers and contractors, and their subcontractors, agents, personnel, consultants, service providers, or suppliers, shall permit the Association to inspect all accounts, records, and other documents relating to the submission of bids and contract performance, and to have them audited by auditors appointed by the Association. Acts intended to materially impede the exercise of the Association's inspection and audit rights provided for in the Procurement Guidelines constitute an obstructive practice as defined in the Guidelines.
Sample 1

Examples of Inspection and Audit Rights in a sentence

  • Investments may be classified as Level 2 when market information (observable NAVs) is available, yet the investment is not traded in an active market and/or the investment is subject to transfer restrictions, or the valuation is adjusted to reflect illiquidity and/or non-transferability.

  • Records; Inspection and Audit Rights 12 ARTICLE V CONFIDENTIALITY 12 Section 5.01.

  • Inspection and Audit Rights......................................

  • Consistent with inter alia the Procurement Regulations, the Procurement Guidelines, the Consultant Guidelines, the Anti-Corruption Guidelines, Bank-standard procurement documents, and Bank-financed contracts, INT may invoke the Inspection and Audit Rights, and commence an Integrity Audit, at any time in respect of entities and persons who are subject to Inspection and Audit Rights.

  • The following provisions survive the expiration or termination of this Agreement: section 4 (Records; Inspection and Audit Rights), section 12 (Confidentiality), section 14 (Security), section 32 (Notices), section 37 (Indemnification), section 38 (Term; Termination), section 42 (Miscellaneous), section 8 of Schedule E (Compliance Activities), and any other obligation that, by its nature, cannot by fully performed before the expiration or termination of this Agreement.

  • Additionally, OnSyte shall have sole responsibility for its personnel and for the compensation of its personnel assigned to perform services hereunder, including but not limited to payment of worker's compensation, disability and other income and other similar benefits, unemployment and other similar insurance and for withholding income and other taxes and social security.1.8 Inspection and Audit Rights.

  • Seventeen officers accessed the Directorate’s electronic database.

  • If INT deems that an Integrity Audit subject’s failure to cooperate during an Integrity Audit, either directly or through a representative, is intended to materially impede the exercise of the Inspection and Audit Rights, then INT may seek to initiate sanctions proceedings against the subject, and/or its representatives subject to the jurisdiction of the Sanctions System, for that obstructive practice as set forth in the Sanctions Procedures.

  • AFFIRMATIVE COVENANTS 88 93 5.1. Financial Statements and Other Information 88 93 5.2. Notices of Material Events 92 97 5.3. Information Regarding Collateral 93 98 5.4. Existence; Conduct of Business 93 99 5.5. Payment of Obligations 94 99 5.6. Maintenance of Properties 94 99 5.7. Insurance 94 99 5.8. Intentionally Omitted 96 101 5.9. Books and Records; Inspection and Audit Rights 96 101 5.10.

  • SECTION 5.08 Books and Records; Inspection and Audit Rights; Appraisals; Accountants.

Related to Inspection and Audit Rights

  • Administrative and Audit Regulations means all applicable statutes, regulations, and other laws governing administration or audit of this Contract (including the regulations included in Title 2, Part 200, of the Code of Federal Regulations; Chapter 321 of the Texas Government Code; Subchapter F of Chapter 2155 of the Texas Government Code; and the requirements of Article VII herein).

  • Inspection Report means the report delivered by the Master Servicer or the Special Servicer, as the case may be, substantially in the form of Exhibit L hereto.

  • Perfection Representations means the representations, warranties and covenants set forth in Schedule 1 attached hereto.

  • Inspections has the meaning set forth in Section 4.1.2.

  • Excluded Books and Records has the meaning set forth in Section 2.2(a).

  • Files and Records means all files and records of Seller relating to the Business, whether in hard copy or magnetic or other format including customer and supplier lists and records; equipment maintenance records; equipment warranty information; plant plans, specifications and drawings; sales and advertising material; computer software; technical and research analyses; engineering, sales, marketing and other studies, data and plans; bid information; quality assurance records; and records relating to those employees of Seller who may become employed by Purchaser following the Closing.

  • Transferred Books and Records means all books, ledgers, files, reports, plans, records, manuals and other materials (in any form or medium) to the extent of, or maintained predominantly for, the Business by the Seller’s Group (other than emails), including (without limitation) all books, records and other materials relating to the research, development and pre-clinical trials for each of the Products and the Product Expansions but excluding:

  • right to information means the right to information accessible under this Act which is held by or under the control of any public authority and includes the right to—

  • Physical examination means the assessment of an individual’s health by a professional licensed to practice medicine or osteopathy, or by an advanced practice nurse or physician assistant.

  • Background Information means various types of information provided by the Sponsors and is defined in RFP Section 2.4(1)(b);

  • Home inspection report means a written report that is

  • Electronic and Information Resources Accessibility Standards means the accessibility standards for electronic and information resources contained in 1 Texas Administrative Code Chapter 213.

  • Criminal history record information means that term as defined in section 1a of 1925 PA 289, MCL 28.241a.

  • Business Records means all records and information of any description or type created or used in the ordinary course of the operation of the Business.

  • Audits means the audits and reviews carried out by the Bank or the Bank’s auditors, experts and insurers, as the case may be in accordance with the terms and conditions set out in Section 18.

  • Statement of Qualifications means a written statement submitted to a procurement unit in response to a request for statement of qualifications.

  • Receivables Records means (i) all original copies of all documents, instruments or other writings or electronic records or other Records evidencing the Receivables, (ii) all books, correspondence, credit or other files, Records, ledger sheets or cards, invoices, and other papers relating to Receivables, including, without limitation, all tapes, cards, computer tapes, computer discs, computer runs, record keeping systems and other papers and documents relating to the Receivables, whether in the possession or under the control of Grantor or any computer bureau or agent from time to time acting for Grantor or otherwise, (iii) all evidences of the filing of financing statements and the registration of other instruments in connection therewith, and amendments, supplements or other modifications thereto, notices to other creditors or secured parties, and certificates, acknowledgments, or other writings, including, without limitation, lien search reports, from filing or other registration officers, (iv) all credit information, reports and memoranda relating thereto and (v) all other written or nonwritten forms of information related in any way to the foregoing or any Receivable.

  • Electronic and Information Resources means information resources, including information resources technologies, and any equipment or interconnected system of equipment that is used in the creation, conversion, duplication, or delivery of data or information. The term includes telephones and other telecommunications products, information kiosks, transaction machines, Internet websites, multimedia resources, and office equipment, including copy machines and fax machines.

  • Comptroller and Auditor General means the Comptroller and Auditor General of India appointed under article 148 of the Constitution of India.

  • WTO GPA country construction material means a construction material that—

  • Verification Report As defined in Section 4.19.

  • Statement of Additional Information means, respectively, the form of prospectus and statement of additional information with respect to the Fund filed by the Investment Company as part of the Registration Statement, or as they may be amended or supplemented from time to time.

  • Physical Conditions Report means, with respect to the Property, a report prepared by a company satisfactory to Lender regarding the physical condition of the Property, satisfactory in form and substance to Lender in its sole discretion, which report shall, among other things, (a) confirm that the Property and its use complies, in all material respects, with all applicable Legal Requirements (including, without limitation, zoning, subdivision and building laws) and (b) include a copy of a final certificate of occupancy with respect to all Improvements on the Property.

  • Inspection Period means the period beginning on the Effective Date and expiring at 5:00 p.m. eastern time on the forty-fifth day after the Effective Date.

  • Certificate of a Firm of Independent Public Accountants means a certificate signed by an independent public accountant or a firm of independent public accountants who may be the independent public accountants regularly retained by the Company or who may be other independent public accountants. Such accountant or firm shall be entitled to rely upon an Opinion of Counsel as to the interpretation of any legal matters relating to such certificate.

  • Promotion of Access to Information Act ’ means the Promotion of Access to Information Act, 2000 (Act No. 2 of 2000);